Although the 85th Texas Legislature will likely be faced with a tight budget, we recommend limiting government spending growth so that there are sufficient funds to reduce the burden of onerous taxes. This section covers Margin Tax, Personal Income Tax, Property Tax-Sales Swap, and Supermajority Requirement to Raise Taxes.
Economy
Bringing Down the House (Price)
A decade ago, the typical Texas home value was about $181,000. Today, it’s ballooned to around $302,000. As home prices increase so too does the barrier to entry get higher. A recent study estimates it would take 7 years for a median-income Texas household to save up for a 20% down payment. But you don’t...
July 16, 2026